APAD (A Paradise Acquisition) Net Current Asset Value: $-0.28 (As of Dec. 2025)


APAD A Paradise Acquisition Corp APAD
15 GF Score
Price $8.03
! 1 Warning Sign
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What is A Paradise Acquisition Net Current Asset Value?

A Paradise Acquisition APAD 15 Net Current Asset Value is $-0.28 as of Dec. 2025. GuruFocus rates APAD with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 199 Diversified Financial Services companies, A Paradise Acquisition ranks worse than 502512.06% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

A Paradise Acquisition's net current asset value per share for the quarter that ended in Dec. 2025 was $-0.28.

The historical rank and industry rank for A Paradise Acquisition's Net Current Asset Value or its related term are showing as below:

APAD's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

A Paradise Acquisition  (NAS:APAD) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


A Paradise Acquisition Net Current Asset Value Related Terms


A Paradise Acquisition Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for A Paradise Acquisition's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A Paradise Acquisition Net Current Asset Value Chart

A Paradise Acquisition Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
0.00 -0.01 -0.01 -0.28

A Paradise Acquisition Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.25 -0.28

APAD vs TVAI, XCBE, AXIN: Net Current Asset Value Comparison

For the Shell Companies subindustry, A Paradise Acquisition's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


A Paradise Acquisition Price-to-Net-Current-Asset-Value vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, A Paradise Acquisition's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where A Paradise Acquisition's Price-to-Net-Current-Asset-Value falls into.


APAD
15GF Score
A Paradise Acquisition Corp APAD
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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A Paradise Acquisition Net Current Asset Value Calculation

A Paradise Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.837-8.472-0-0)/27.267
=-0.28

A Paradise Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.837-8.472-0-0)/27.267
=-0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of $-0.28 mean?
A Paradise Acquisition (APAD) has a Net Current Asset Value of $-0.28 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on A Paradise Acquisition and its competitors. According to the industry distribution chart, A Paradise Acquisition ranks #999999 out of 199 companies in the Diversified Financial Services industry.
Is A Paradise Acquisition's Net Current Asset Value too high?
A Paradise Acquisition's current Net Current Asset Value is $-0.28. Based on the distribution chart, A Paradise Acquisition ranks #999999 out of 199 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, A Paradise Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does A Paradise Acquisition's Net Current Asset Value compare to TVAI and XCBE?
According to the Diversified Financial Services industry distribution chart, A Paradise Acquisition ranks #999999 out of 199 companies for Net Current Asset Value. This places A Paradise Acquisition in the lower half of its industry. The industry median Net Current Asset Value is 2.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Diversified Financial Services company?
The median Net Current Asset Value among Diversified Financial Services companies is 2.00, based on 199 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on A Paradise Acquisition and its competitors. For the Diversified Financial Services industry, the median Net Current Asset Value is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A Paradise Acquisition's current Net Current Asset Value is $-0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A Paradise Acquisition stock overvalued right now?
A Paradise Acquisition (APAD) has a current Net Current Asset Value of $-0.28. The current Net Current Asset Value is $-0.28. A Paradise Acquisition's overall GF Score™ is 15/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For A Paradise Acquisition (APAD), the current Net Current Asset Value is $-0.28 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

A Paradise Acquisition Business Description

Address 200 Gloucester Road, The Sun’s Group Center, 29th Floor, Wan Chai, Hong Kong, HKG
A Paradise Acquisition Corp is a blank check company.
15GF Score

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